IHDG Options History — March 2022

In March 2022, IHDG traded between $39.53 and $43.61. ATM implied volatility averaged 41.7%, placing in the 18.4% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded above realized volatility by 17.5% (HV 20d: 24.2%). Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 0 of 23 days.

Notable Days

  • 2022-03-04: Largest IV spike — 55.6% change
  • 2022-03-07: Highest IV Rank — 40.2%
  • 2022-03-07: Largest Expected Move — 22.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.03$39.53$43.61$41.51$43.00
ATM IV41.7%29.1%77.0%36.5%36.8%
Expected Move11.7%6.8%22.1%10.5%7.5%
HV 20d24.2%20.7%26.5%20.7%22.9%
HV 60d19.3%17.5%20.4%17.6%20.4%
IV Rank18.4%10.7%40.2%15.2%15.4%
IV Percentile80.6%50.0%99.2%78.2%74.6%
Term Structure-8.1%-17.7%-0.9%-17.7%-10.0%
Skew 25d7.2%-2.9%22.5%14.3%1.5%
Skew 10d9.3%0.7%23.3%12.0%4.0%
Call IV 25d37.2%19.2%49.6%33.0%36.6%
Put IV 25d44.4%30.2%58.9%47.4%38.1%
Bid-Ask Spread %154.95139.26166.07155.27150.67
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$41.51$0.0036.5%10.5%20.7%15.2%0.0%14.3%-17.7%0000.00155.27N/AN/A0000
2022-03-02$42.20$0.0043.6%12.5%21.5%19.6%0.0%16.4%-5.9%0000.00165.99N/AN/A0000
2022-03-03$41.48$0.0043.1%12.3%22.0%19.3%0.0%6.9%-3.9%0000.00158.71N/AN/A0000
2022-03-04$40.28$0.0067.0%19.2%22.6%34.0%0.0%13.2%-5.3%0000.00154.24N/AN/A0000
2022-03-07$39.53$0.0077.0%22.1%23.1%40.2%0.0%22.5%-10.5%0000.00161.95N/AN/A0000
2022-03-08$39.90$0.0041.6%19.8%23.6%18.4%0.0%11.5%-11.2%0000.00160.51N/AN/A0000
2022-03-09$41.14$0.0040.1%16.6%26.5%17.4%0.0%16.8%-6.9%0000.00156.06N/AN/A0000
2022-03-10$40.66$0.0034.2%17.0%25.3%13.8%0.0%9.8%-4.2%0000.00159.27N/AN/A0000
2022-03-11$40.57$0.0044.4%20.7%25.1%20.1%0.0%9.2%-9.6%0000.00166.07N/AN/A0000
2022-03-14$40.68$0.0043.4%10.4%23.9%19.5%0.0%10.0%-9.2%0000.00139.26N/AN/A0000
2022-03-15$41.00$0.0044.5%9.3%24.2%20.1%0.0%10.6%-11.0%0000.00142.90N/AN/A0000
2022-03-16$42.16$0.0038.9%8.8%25.6%16.7%0.0%6.5%-10.7%0000.00156.94N/AN/A0000
2022-03-17$42.75$0.0035.3%8.5%26.1%14.5%0.0%2.6%-5.6%0000.00160.78N/AN/A0000
2022-03-18$43.32$0.0032.4%7.8%25.8%12.7%0.0%-2.9%-6.0%0000.00152.68N/AN/A0000
2022-03-21$43.37$0.0039.1%9.1%25.8%16.8%0.0%4.4%-5.1%0000.00155.13N/AN/A0000
2022-03-22$43.52$0.0029.1%6.8%25.4%10.7%0.0%0.6%-0.9%0000.00143.93N/AN/A0000
2022-03-23$43.17$0.0043.9%9.8%25.1%19.8%0.0%4.3%-10.0%0000.00152.28N/AN/A0000
2022-03-24$43.33$0.0039.3%8.7%25.1%17.0%0.0%-0.2%-8.9%0000.00149.96N/AN/A0000
2022-03-25$42.95$0.0038.9%8.5%24.5%16.7%0.0%2.7%-7.7%0000.00154.77N/AN/A0000
2022-03-28$43.15$0.0040.5%8.6%24.1%17.7%0.0%2.5%-8.9%0000.00153.41N/AN/A0000
2022-03-29$43.61$0.0033.6%6.8%24.0%13.5%0.0%1.1%-9.8%0000.00158.32N/AN/A0000
2022-03-30$43.35$0.0036.2%7.4%23.6%15.1%0.0%2.1%-8.5%0000.00154.80N/AN/A0000
2022-03-31$43.00$0.0036.8%7.5%22.9%15.4%0.0%1.5%-10.0%0000.00150.67N/AN/A0000